OVERVIEW PERFORMANCE SUSTAINABILITY FINANCIALS APPENDIX 75 74 PERENNIAL HOLDINGS PRIVATE LIMITED ANNUAL REPORT 2025 SINGAPORE REAL ESTATE PERENNIAL BUSINESS CITY 鹏瑞利商务城 CHIJMES 赞美广场 CHIJMES, formerly the Convent of the Holy Infant Jesus (“CHIJ”), is a distinguished heritage landmark in Singapore’s Civic District and renowned for its vibrant mix of dining, entertainment and leisure. The development is anchored by two courtyards and charming alfresco dining spaces. It houses a carefully curated mix of fine dining establishments, stylish bars and contemporary cafés, reinforcing its position as a leading dining, entertainment and leisure destination in the city. CHIJMES Hall, with its iconic neoGothic architecture and timeless elegance, continues to be a premier venue for weddings, corporate functions and cultural performances. Its prominence was further elevated through its feature as a filming location in the Hollywood blockbuster Crazy Rich Asians, enhancing the asset’s international profile and appeal. With its rich historical legacy and enduring charm, CHIJMES remains a landmark destination for locals, professionals and tourists alike. Perennial Business City is a modern business park spanning approximately 1.5 million sq ft of total GFA. Strategically located within the Jurong Lake District (“JLD”), Perennial Business City is wellpositioned to benefit from Singapore’s decentralisation strategy and the ongoing transformation of the district into the nation’s second-largest commercial and regional hubs outside the city centre. The business park enjoys excellent connectivity, with convenient access to major expressways, including the Ayer Rajah Expressway, Pan Island Expressway and the Tuas Second Link, as well as key arterial roads. It is also located within a five-minute sheltered walk to Jurong East MRT Station, providing seamless connectivity via the North-South and East-West Lines to the rest of Singapore. Designed to meet the evolving needs of contemporary businesses, Perennial Business City offers large, efficient and contiguous floor plates that provide tenants with flexibility for space planning, optimal utilisation and future expansion. The development offers cost-competitive advantages compared to the Central Business District, making it an attractive option for occupiers seeking quality business space outside the city core. It also features best-in-class conference facilities, including a cutting-edge auditorium that can fit up to 350 people and versatile meeting rooms, catering to corporate events, seminars and international conferences. Ample car parking, electric vehicle charging stations and a landscaped rooftop garden further enhance the development’s appeal. Perennial Business City stands out as the first and only business park in the JLD to be awarded the BCA Green Mark Platinum Super Low Energy certification. It continues to undertake key sustainability initiatives, including the use of solar energy technology, a highly efficient chiller system, motion sensors and advanced fresh air control systems. As a high-specification business park, Perennial Business Park caters to tenants from high-value industries such as infocommunications technology, biomedical sciences, fast-moving consumer goods and financial institutions. Its diverse mix of prestigious local and multinational tenants includes DBS Bank, Sony, Carrier and Marina Bay Sands. Perennial Business City has also onboarded new business park and commercial tenants, including Neocythogen Therapeutics, Libiao Robotics, Kang Shi Fu, Eastern Pretech and Reform Lab. Perennial Business City has undergone redevelopment and strategic planning to carefully curate a commercial tenant mix that ensures relevance to businesses and the community. Its commercial strategy ensures a well-balanced and holistic model that integrates Sports, Wellness, Education and F&B. This strategy dovetails with the work-life needs of business office tenants, and recreational, learning and wellness needs of the wider community and directly supports JLD’s “Live-Work-Play-Learn” objectives. Perennial Business City leverages its large floor plates to bring in unique concepts that require scale of space, further differentiating its offerings. These include Wyse Active Hub, Singapore’s largest air-conditioned badminton hall; Mokara Gymnastics Academy, Singapore’s biggest and most advanced gymnastics facility; The Yard Gymnastics, which provides world-class gymnastics education for all levels; East Asia Institute of Management, a private education institution; and House+ Bubble, Singapore’s largest spa and wellness space featuring soaking pools, private bath suites, saunas, massage, dining and entertainment. Harnessing its sustainability credentials, comprehensive business amenities, diverse work, live and play tenant mix and close proximity to Jurong East MRT, Perennial Business City is capitalising on Singapore’s decentralisation strategy and the JLD’s transformation into the largest mixed-use business hub outside the city centre. gazetted national monuments, the CHIJ Chapel (now known as CHIJMES Hall) and Caldwell House. Both have been carefully conserved to preserve their architectural and historical significance. Strategically located at the crossroads of Victoria Street, North Bridge Road and Bras Basah Road, CHIJMES benefits from prominent street frontages and excellent connectivity. The property is well served by public transportation, with convenient access to City Hall MRT Interchange on the North-South and East-West Lines, as well as Bras Basah MRT Station on the Circle Line, ensuring accessibility for both local and international visitors. Set within beautifully restored heritage buildings, CHIJMES features open Business Review SINGAPORE REAL ESTATE
RkJQdWJsaXNoZXIy NTM2MDQ5